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To: Kay Ludlow

Here’s a great idea. Let the market, not political movers, decide on rates. The idea of low rates, and no one will say this, is to punish savers and reward spenders. We have fallen for the cult of consumerism.


60 posted on 04/20/2016 2:18:14 PM PDT by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Sam Gamgee
Let the market, not political movers, decide on rates. The idea of low rates, and no one will say this, is to punish savers and reward spenders. We have fallen for the cult of consumerism.

I'm with you there.

72 posted on 04/21/2016 11:30:35 AM PDT by Kay Ludlow (Government actions ALWAYS have unintended consequences...)
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